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Time runing out on BULLS - DEBT CEILING hanging over market


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#171 K Wave

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Posted 19 May 2023 - 10:52 AM

Dow cash 4 hour....looking like bears have to take out 33200 before bulls get it back above 33600

 

Either way, this big wedgie "should" be close to FINALLY resolving

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#172 K Wave

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Posted 19 May 2023 - 10:53 AM

So....if bulls hold this 5 min back test.....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#173 K Wave

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Posted 19 May 2023 - 10:59 AM

Trannie Daily...

 

Bears have to step on the gas here....above that 200 day again and they very likely cough it up to the bulls...

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#174 K Wave

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Posted 19 May 2023 - 11:00 AM

And whether this 5 min chart rolls over or not may decide it all....

 


Edited by K Wave, 19 May 2023 - 11:00 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#175 K Wave

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Posted 19 May 2023 - 11:03 AM

Possibly failed corner turn on Crude....see how rest of today plays out....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#176 K Wave

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Posted 19 May 2023 - 11:05 AM

Apple stalled at last August swing high so far.

 

Absurd that 350B company with stagnant revenue is trading at 2.8T market cap...but it is what it is...until it isn't


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#177 K Wave

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Posted 19 May 2023 - 11:14 AM

Utes did not have a good week, and the 150 over 200 crossover the has come before big declines in the past is STILL in effect until a foothold over 960 is achieved.

 

Still plenty of signs out there that bulls do not have a firm grasp on things....

 

One day things will sync up....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#178 K Wave

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Posted 19 May 2023 - 11:19 AM

Individual stock picking still far more predictable than the do nothing Dow

 

Dicks coming down that stair case...one day this will happen with Apple....

 


Edited by K Wave, 19 May 2023 - 11:19 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#179 K Wave

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Posted 19 May 2023 - 11:22 AM

see what happens near 13900 on Trannies...could be a big tell

 

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#180 K Wave

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Posted 19 May 2023 - 11:24 AM

Bit of an Ugly 4 hour candle forming on Deere

 


Edited by K Wave, 19 May 2023 - 11:24 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy